Interesting days ahead.
Make I add Lockheed Martin (LMT) to my portfolio.
It is never a crime to follow Chop from bomb money.

Crunchy12:

This is a well behave equation, unfortunately human being are not well behaved. Why?

AN INVESTMENT LESSON FROM THE SPIDERWEBS:
WHAT IS THE DIFFERENCE BETWEEN A POOR AND A WEALTHY HARDWORKING PERSON?
IT IS ALL ABOUT MONEY.
Money is abundant. Money is EVERYWHERE!
The government has money, the banks have money, schools have money, restaurants have money, students have money, there is money everywhere in the World.
You have money, your friends have money!
The rich have money, the poor have money!
Money is EVERYWHERE and always moving. Money is “flying” all around us, ALL the time, 24 hours a day — everyday, 365 days a year.

The difference is in HOW they ‘catch’ money.
Poor, hardworking people invest their limited working hours ‘chasing’ money, while the wealthy, hardworking people will invest the same amount of limited working hours building an asset that will “catch” money for them.
For example, spiders will NEVER work hard chasing flying insects to make a living. Instead, they will work hard building a spiderwebs that will catch abundant flying insects for them.

Copied and pasted

From the archive


https://www.youtube.com/watch?v=JfqDvi8b4gg?si=JKazf0iqSyORSN7k




https://www.youtube.com/watch?v=JfqDvi8b4gg?si=x7_oHqwdgBkSliQK

INVESTMENT TIPS FOR NSEMPA INVESTORS (NOT TRADERS) Q2 (2024)
1. There is no such thing as a genuine get-rich-quick investment. The saying, “If it seems too good to be true, it probably is” rings more true for investing than any other financial transaction. Promises of large returns are seldom true. The best investment is a safe, steady, long-term one, where you let your money work for you over the longer term...NOW POSSIBLE IN OUR DEAREST NGX

2.If you have your eye on something you want, wait five days before you buy it. This removes the risk of buying on impulse and allows for rational spending. I WAS A VICTIM OF THIS AT THE JUST CONCLUDED TRANSCORP POWER LISTING BY INTRODUCTION, I BOUGHT 21000 UNITS AT AVERAGE COST OF N370. WITH CASH AT HAND, I COULD HAVE GOTTEN IT AT AVERAGE COST OF N360 IF I HAD WAITED 5 DAYS POST LISTING.

3. Take the time to get to know financial and investment terms. Having an understanding of the basic concepts allows you to more easily grasp the advice provided on NSEMPA thread You can also ask pertinent questions to make more informed decisions.

4.There is no one-size-fits-all investment approach: Each person is an individual and should follow a customised investment plan that takes into account personal economic needs.
5. At the very least, start investing as soon as you can, even if it is just a small amount each month. You can grow this amount when your finances allow. Starting today is better than starting tomorrow. THIS WORK FOR ME. I LEARNT TO SEIZE THE DAY. I DO NOT TIME THE MARKET. THE MOST IMPORTANT THING IS THE FUNDAMENTAL. I AVERAGE UP OR DOWN TILL I ATTAIN EQUILIBRIUM WHERE I'M COMFORTABLE TO DECIDE, BOOK PROFIT OR BUY MORE. I HAVE 600,000 UNITS OF ACCESS AT AVERAGE COST PRICE OF N12.00. I FEEL COMFORTABLE TO BUY MORE AT CURRENT PRICE, THE GOAL IS 1M UNIT.


***MODIFIED****

https://punchng.com/shareholders-excited-as-zenith-bank-appoints-umeoji-first-female-gmd/?amp


OUR LATEST OGA AT THE TOP, MAKE U NO REDUCE DIVIDENDS OOOH, RUMOUR GOING ON IS THAT THE MANAGEMENT MIGHT REDUCE ZENITH DIVIDEND.

Locotrader:


Good morning,
Let me put mouth small so that people will not depend solely on Jijo with huge capital.

All the years I have been in this market, it is only in this Tinubu Administration that I got 50million Million naira and above.

Now I don't do Jijo again.I make much researches on the stock to put my money whether dividend or no dividend. I only put my money in stocks I think can give me 100% or more no matter the time it will take but must come. I don't go for 20% again with huge funds.

I will also be spotting opportunities for people who can buy and sell within a short period especially the swing traders.

@locodemy..Long time indeed.
How is your commercial farming going?
Well, enterprise is doing good here.
Your confession moved me. I think I should also confess.
It is during this Emilokan time that my sweat and blood life portfolio returns a crazy growth of over 350% with capital appreciation of over NGN 150M plus in Naira, while the offshore portfolio is now eyeing the critical and most difficult break out point USD100k which would definitely be by May 2024.
The NGX goal has always been NGN1B, I ain't given up, We rise and rise till the dream is realised.
I'm so glad that members are doing well.
The best empowerment we can offer new members is principle of investing and trading.
Not all the TA vs FA debacle.
People would never seized the day thinking the Market would obey TA or FA due to procrastination and behavioral biases that can hinder sound financial decisions.
I learnt to seize the day and allow the owner of the Market to do the needful.
I buy the stock of good companies with set Target of at least 1M unit, which I often achieve within 1 year @ most. This implies that I do not look at what the chat is saying.
This was how I acquired the 1M unit of Zenith at average cost of 21 as at the closed of business yesterday.
The only regret which I found it difficult to pardon my decision was offloading FBNH premature at NGN21, seeing it yesterday at NGN40 was waoh....This Market is crazy. Never say Never.
Noone owns the market, long-term investors are the overall winner 🏆 of the Market trophy.
Wishing u all a greenish day ahead.

Disastrous NA
Their permanent trade mark is destruction.
Na so them killed unarmed civilians @ Lekki toll gate, Odi, now the ongoing burning 🔥 of houses in Okuama community in Ughelli South Local Government Area of Delta State.
May God intervene on behalf of the innocent people of Ugheli.
The World is watching.
No sympathy for Army of occupation from the North.
What they can't do to Islamic Boko Haram in the Northern enclaves is what they are doing against our people in d South.

Agbalowomeri:


Laughing keh
With my garri ijebu here
Mercy no allow me see garri buy again
We left indomie for them, they still came after our garri

Agbalowomeri reversed Ichimoku strategy.
I done use my telepathic crystal 🔮 ball see the next strategy of Agba.
The only man wey dey collect from NGX when he is not actively investing.
Agba, A beg teach me dz reverse Ichimoku strategy oooo.
Na beg I dey beg..

yMcy56:

Agba go just dey vex within himself anyhow......
Chai!! More days of Garri drinking!!

GT about to touch 50!
The resilience of those stocks were top notch!

No be Oga Agba fault ooo, Na Ichimoku strategy and Fibonachi retracement cause confusion in d midst of Elliott wave.
The confusion generated by these technical waves made Oga Agba indecisive for too long.
He believes, Zenith is going to crash to Km 17,
GTB @km 18.
From all indication, his last investment in NGX was June 2023.
The dead bone shall rise again.
Agba will deal a major blow to NGX when the index obeys Ichimoku strategy at ASI of 45,000 by 2038.
Lol

After reading the pyramid of challenges, I could not hold back than to appreciate all the participants in this forum.
Kudos 👏 2 u all.
Here is the pyramid

You currently need N2000.00 for food from someone who needs N20,000.00, to fix his car and he is looking up to his friend who needsN200,000.00 for his business and he is asking it from his brother who needs N2M to complete his house. His Brother is in turn asking the bank credit manager for a financing of N20M to execute a government tender contract of which the same Nigeria 🇳🇬 government is requesting for a loan of $800M from World Bank.

https://www.reuters.com/world/africa/nigerias-tinubu-seeks-lawmakers-approval-800-million-world-bank-loan-2023-07-13/

Everyone got problems!
The N2000.00 you are getting from someone is out of sacrifice and love ❤️.
Appreciate it!😂

The Breweries present a falling knife phenomenon.
What does it mean to ‘catch a falling knife’ in trading?

There’s a saying on the trading floor in Chicago and I’m sure it was on other trading floors: “Don’t add to a loser”. That was always considered completely taboo.

You’ll also hear it called: “Catching a falling knife” in some circles. I know people who are constantly averaging down to better prices in stocks and commodities.

Some commodities are down 44% on the year and continue to fall and some people are saying: well, ‘X’ commodity is constantly in deficit, so I’ll average down to a better price.” They’re catching a falling knife and if you can visualize that, it’s not a good thing to do.

Not many people know this, but when a stock or an asset or a commodity makes a low, it’s more likely to make another low, statistically, than for it to stop at that point and turn around.

https://nairametrics.com/2024/03/11/gtco-mulls-n500-billion-in-public-offer/


BREAKING: GTCO mulls N500 billion in public offer

Video link

Anthony Joshua takes out Francis Ngannou in Riyadh - https://news.sky.com/video/anthony-joshua-takes-out-francis-ngannou-in-riyadh-13090502




https://www.theguardian.com/sport/live/2024/mar/08/anthony-joshua-francis-ngannou-boxing-live

Deadlytruth:

Well, I now have this feeling that by tomorrow any successful bid for TPP will be at about N386, so even if it rallies to N1,000 to catch up with GEREGU, that will just be roughly 158% profit which IEI is likely to surpass within the same time frame. How do you see that?

I'm not a fan of IEI, never had it in my portfolio.

Deadlytruth:

Ahhhh. TRANSPOWER actually made me look the way of anything TRANSCORP for the first time in a long time but after queuing for it for two attempts without success, I diverted the funds into IEI and have made 10% now for two consecutive days hoping to have same tomorrow thus still achieving what I would have achieved if TRANSPOWER bid had succeeded. I had already looked at IEI's results and found them to be fantastic amidst its very small Freefloat of less than 200 million.
So I am not in the TRANSPOWER cabal

You would have lost at least 2.6% if you had succeeded in buying TPP @ market price today, then gain10% 2mao.
If u really want TPP in your portfolio, you need to challenge your broker.
This was the step a good friend took today and was able to get 7000 units.
Tell your broker the deadly truth, the need to get your desired units through a cross deals, the no of years you have being patronising them, the success of your colleagues at other brokers, the possibility of transferring your portfolio etc
Be rest assured, u will get it.

Yes...Transcorp PLC is doing what prosperity and luck does to intelligent self investors.
Daily 10% till Friday.
Km 21, destination 22 NGN.

chillykelly86:
I picked an info that their tower contract is priced in dollars as a reference and that's responsible for part of the profit erosion. Unfortunately, I can't pinpoint the source and veracity of that information now. Does anyone have reliable info on this? Because if that's true, then that part of it is not one-off and will even grow.

Though I expect a turnaround as I expect the Telcos will meet with NCC and raise tarrifs to pass the costs down to the end-users eventually.

Nothing is good about MTNN.
They contributed to the sinking Nigeria Micro-economy.
Nigeria is just a nation where there is no NATIONALIST.
We forget things easily.
It was this same MTNN that illegally repatriated cash of billion dollars from Nigeria economy.


https://www.premiumtimesng.com/news/headlines/300849-untold-story-of-mtn-illicit-repatriation-of-billions-of-dollars-from-nigeria.html?tztc=1


https://www.google.com/amp/s/phys.org/news/2018-08-nigeria-safrica-mtn-refund-bln.amp

owolabi5:


MTN is Highly Geared. Their operations are mostly funded by loans especially foreign currency denominated ones.

Almost all the equipments they use are imported from the likes of Ericsson, Siemens, etc; hence they pay the companies in dollars. Even licence fees are in dollars. Most of these telcos usually raise this huge funds in dollars from banks.

The truth of the matter, no government or tax authority can force an individual nor a quoted company to declare profit or pay a direct taxes on earnings.
The decision is yours, all they need from you is a financial statements.
The Auditor/s usually request for receipt of expenditures , contract, loans and overdraft advances.
As a sole proprietor, I ensure all my on and off business expenditures are directly and indirectly transferred to my Entrrprise. The implication of this is that the government cannot and would never get a direct income tax from me, coz I I was not employed by them nor listed on their payroll.
MTNN just decided to show Nigeria government and shareholders a maximum shege BARAWO BANZA.
You will need a all the forensic auditors in Africa to investigate MTNN.
We are just @ ther mercy

Me wey I never reach MMIA, na him I come get mail say I don hammer £6,150,000 mama Charlie money. I just dey laff, make nairalanders follow me laff on top this new yahoo yahoo lottery matter.

Payment approval of GBP£6,150,000.00/

Good day, this is a comprehensive summary as to what has been agreed on your pending Lottery winning payout of GBP£6,150,000.00. The hiccup which led to delay of the transfer of your long awaiting Lottery Winning payout into your personal bank account have been rectified in agreement with the Financial Regulatory Body of the United Kingdom. You do not have anything to fear or worry at all as the entire paper work from UK LOTTERY COMISSION and UK GAMBLING BOARD has been concluded and your payout approval documents have all been endorsed.

The Lottery winning payout is approved to be completed into your account in 4 days so that there will be no further hitches, please, note that the final payout approval is endorsed in favor of the Reliance Bank as the accredited bank, therefore, we have received all your payment related papers to enable us transfer the funds to you. Kindly reply and confirm if you are still using the same bank account or, furnish your alternative bank account for immediate processing of the Lottery winning payout into your account.

Waiting for your prompt reply.

Faithfully,
Adam Agius
Head of operation/services.
Billingsgate, London EC3R 8EB,
United Kingdom.
Tel:+447452350324
EMAIL:adamsagius111@outlook.com

Final decision on Transcorp plc.
I will not surrender a unit of Transcorp plc, would rather use the opportunity to acquire more. The psychology of investing points toward the herd effect.
Many investors are expected to dump Transcorp plc this week in expectation and anticipation of buying Transcorp Power, which would be extremely difficult to get in the secondary market without a cross deal.
The best decision for value investors is to position for a long-term where mother luck plays a significant role.
Generational wealth would be transferred from impatient investors to the patient one this week on this issue of Transcorp plc.
Being PATIENT is the winning word.
Capitalist oligarchs do not send us, since we do not have the license to mint money, we need to be extremely patient in the course of our quest for financial freedom.
We will surely get it right with calculated risk.
Still worth it technically and fundamentally to remain onboard the ship of Captain TOE and HH (Heirs Holdings)
He has done a lot for Transcorp plc that was once hopeless, despite the inherent potential at conception.
His Family investment in Transcorp plc would not be destroyed by Transcorp Power.
My sentiment is to buy more of Transcorp plc, the value Trapped will surely yield a good reward in the not too distant future.
Hold, Hold, Hold, Hold and acquire more Transcorp Plc the goose that is laying the golden eggs, more golden eggs to be produced by Transcorp plc.
Think about "Transcorp Energy"one of the golden eggs that will feed, supply and deliver gas to both Transcorp Power and Transafam Power.

The resolution that empowered TOE to steal Transcorp Power from Transcorp plc was passed on April 21 2022.

https://www.proshare.co/articles/resolutions-passed-at-the-16th-agm-of-transcorp-plc-held-thursday-april-21-2022?menu=Market&classification=Read&category=Stock%20%26%20Analyst%20Updates

Article 10
10. That the Company be and is hereby authorised to invest in, acquire, or divest from any business and/or carry out as the Directors may deem appropriate and in accordance with any relevant laws, any actions, including but not limited to restructuring, reorganisation, reconstruction and such other business arrangement exercise or actions.

URGENT LETTER TO MR TONY ELUMELU
Dear Chairman
Transcorp plc
Mr Tony Elumelu.
We hope this letter finds you well. We are writing to express our deep concern and disappointment regarding the recent decision to list Transcorp Power, the subsidiary of Transcorp plc , without consulting or informing the Nigerian minority shareholders. This would never happened in an organised country.
As minority shareholders, We were taken aback and shocked by the news of Transcorp Power listing. This decision came as a rude shock, leaving many Nigerian investors feeling neglected and disregarded. It is disheartening to witness such a significant corporate action being carried out without any consideration for the interests of minority investors.
We urge you to reflect on the consequences of your actions and the impact they have on the trust and confidence of shareholders. It is essential to recognize the importance of transparency and communication in maintaining a positive relationship with investors. By excluding minority shareholders from such crucial decisions, you risk undermining their trust and loyalty to Transcorp plc.
Furthermore, We implore you to learn from the unfortunate demise of your fellow Chairman, the chairman of Access Holdings plc, Mr. Wigwe. His passing serves as a poignant reminder of the transient nature of material wealth and human being. In the end, what truly matters are the relationships we build and the legacy we leave behind. It is crucial to prioritize integrity, fairness, and inclusivity in all our dealings, both in business and in life.
By proceeding with the listing without the involvement of minority shareholders, you have not only disregarded our rights but also jeopardized the goodwill and reputation of the company. The decision to list the Transcorp Power without consulting minority shareholders has created a sense of betrayal and disillusionment among investors.
In conclusion, We urge you to reconsider your approach and take proactive steps to address the concerns of minority shareholders. It is imperative to rebuild trust and restore confidence in the company's leadership. As steward of the company, You must strive to uphold the values of transparency, accountability, and fairness in all your actions.
Thank you for your attention to this matter. We look forward to your prompt response and a constructive handling of this issue at the next AGM on how the interest of all Nigerian minority shareholders is protected.

https://nairametrics.com/2024/03/01/breaking-transcorp-power-to-list-on-the-ngx-at-a-n1-8-trillion-market-cap/

https://businessday.ng/companies/article/transcorp-power-eyes-n1-8trn-capitalisation-from-ngx-listing-by-introduction/?amp=1

https://businesspost.ng/economy/transcorp-power-to-list-shares-on-nigerian-exchange-march-4/

Minority investors should give Tony the benefit of a doubt.
Analysis paralysis would make many investors to miss the 🚢 ship of Transcorp Power
In 2020 or so MTNN listed @ N90 after splitting one share into 20, many NSEMPA lamented bitterly, many anti-investment article was posted, fueled by ANALYSIS PARALYSIS.
Geregu was listed at N100, it was so expensive at the time.
BUA food was listed at sub N50, it was equally expensive.
Tony's ship has been treating patient investors very well.
I do not subscribe to all the dirty names and past antecedents being assigned to Tony Elumelu.
Most of the conglomerates under Tony are doing well.
Tony and his family bought substantial units in Transcorp plc, setting greed aside, he would never destroyed Transcorp plc. I believe Transcorp plc represents the sweat and blood of Tony Elumelu and his Family.
He travels wide and far on Transcorp plc.
In the worst scenario Transcorp plc can transform to Transcorp Energy.
The idea behind the listing is 0.25$ per unit at exchange rate of NGN1000.00 per US$
Power generating company is not a child play anywhere in the world.
Any buying opportunity on Monday 4th March 2024 should be utilised by patient value self investors.
Km N1000.00 by Q3,/Q4 2024 is a possibility.
Ignore all the ANALYSIS PARALYSIS.
Investors would mop Transcorp Power on Monday.

https://nairametrics.com/2024/02/29/lafarge-africa-announces-fy-results-profits-impacted-by-significant-fx-loss/

Nairametrics
Home Companies Corporate Updates
Lafarge Africa Announces FY results: Profits impacted by significant FX loss
NM Partners by NM Partners 2 hours ago
Lafarge
Lafarge Africa Plc


FY 2023 NET SALES UP 8.6% YOY; PAT DOWN 4.7% YOY, IMPACTED BY FX DEVALUATION LOSSES

FY 2023 Net Sales up 8.6% YoY
Strong Balance Sheet position: FY 2023 Free Cash Flow N109.7bn, strong Net Cash N142bn
FY 2023 PBT up 15.7% YoY in spite of N21bn Foreign exchange losses in 2023
Higher effective tax rate in 2023 (after expiry of Pioneer Status Incentive in 2022) coupled with pressures from FX losses led to a PAT decline of 4.7% YoY.
Continued focus on Product Solutions, Innovation, Operational Excellence, Health and Safety and Decarbonization

PERFORMANCE OVERVIEW

FY 2023 Financial Highlights

Lolu Alade-Akinyemi, CEO of Lafarge Africa, commented,

Prigidypogodo:
one thing that gives me joy is seeing this guy being irrelevant as cow dung.
nobody gives a flying fork about his opinion good or bad.
the same person that his opinion was shared across platforms back then.
that's what hate can do to you.

You are obviously allergic to truth.

Emilokan of Nigeria
Oko Remi..Emilokan
Baba Seyi...Emilokan
Baba wey Sabi..Emilokan
Twale to Emilokan of Africa..Emilokan
Jagaban of Nigeria....Emilokan
Enemies kan lapa, won kan lese, Emilokan
Obi-diots fo loju, won di leti..Emilokan
The reformer of Nigeria..Emilokan
Baba Wa pe laye.
You will complete your tenure of 8 yrs
Naija shall be great again
The Eagle shall fly again.
Shame on enemies of Democracy.

jkpbestseries:
Before July military will take over.

Military 🪖 will wilfully take over the East for python dance 2 and crocodile smile 2.

Yes
The bad news crooners are disappointed.